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Precious Time

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Focus // Precious Time // Friday, 15 June 2012

Collectible watches turn a passion into profit

Investment funds, an industry in their own right, couldn't fail to spot watches' potential to yield high return. Enter Precious Time, an investment vehicle launched in January 2011 by Elite Advisers. Niche markets - areas of investment outside the financial mainstream - have caught many an investor's eye, a prime example being hedge funds when they took off in the 1980s. With the promise of...

Christophe Roulet

 
Precious Time // Friday, 15 June 2012

Nothing but the best!

Green-lighted for launch in January 2011, Precious Time from investment company Elite Advisers is the first fund to specialise in vintage watches. Manager Alfredo Paramico describes its characteristics. What type of watches does the fund invest in? Alfredo Paramico: We only consider for inclusion in the fund rare watches in excellent condition and of the highest quality. This has been our...

Christophe Roulet

 
Precious Time // Friday, 15 June 2012

Auction houses under the microscope

The recent spring sales in Geneva certainly lived up to expectations, particularly at Christie's. At the end of an eight-hour marathon, the auction house garnered a total CHF 30.3 million (EUR 25.5 million), its second highest ever result including record prices for two Breguet timepieces. The international head of Christie's watch department, Aurel Bacs, spoke enthusiastically about the depth of...

Christophe Roulet